Showing 1 - 10 of 160
study uses a comprehensive approach to assess the impact of rising geopolitical risk on sovereign debt holdings for a panel … investor's portfolios. Our results allow us to conclude that while domestic economic agents display clearer risk aversion …, foreign economic agents have a more risk-taking behaviour in what concerns the financial investment on government debt. …
Persistent link: https://www.econbiz.de/10014632361
We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies … European country's sovereign risk as measured by 5- and 10-year Credit Default Swaps (CDS) and bond returns. Moreover, this …
Persistent link: https://www.econbiz.de/10014442414
We link governments’ spending efficiency scores, to sovereign debt assessments made by financial markets´, more … specifically by three rating agencies (Standard & Poors, Moody´s and Fitch). Public efficiency scores are computed via data … efficiency scores. Covering 34 OECD countries over the period 2007-2018, we find that increased public spending efficiency is …
Persistent link: https://www.econbiz.de/10013238603
We link governments’ spending efficiency scores, to sovereign debt assessments made by financial markets´, more … specifically by three rating agencies (Standard & Poors, Moody´s and Fitch). Public efficiency scores are computed via data … efficiency scores. Covering 34 OECD countries over the period 2007-2018, we find that increased public spending efficiency is …
Persistent link: https://www.econbiz.de/10012504843
This paper empirically links the efficiency and performance assessment of the general government, proxied by efficiency … scores, to the trust in government. Government spending efficiency scores are first computed via data envelopment analysis … (DEA). Then, relying on panel data and instrumental variable approaches, we estimate the effect of public sector efficiency …
Persistent link: https://www.econbiz.de/10013445458
We assess the impact of geopolitical risk and world uncertainty on the sovereign debt risk of 26 European Economies … European country's sovereign risk as measured by 5- and 10-year Credit Default Swaps (CDS) and bond returns. Moreover, this …
Persistent link: https://www.econbiz.de/10014469448
We use EU sovereign bond yield and CDS spreads daily data to carry out an event study analysis on the reaction of government yield spreads before and after announcements from rating agencies (Standard & Poor's, Moody's, Fitch). Our results show: significant responses of government bond yield...
Persistent link: https://www.econbiz.de/10009160019
We use EU sovereign bond yield and CDS spreads daily data to carry out an event study analysis on the reaction of government yield spreads before and after announcements from rating agencies (Standard & Poor's, Moody's, Fitch). Our results show: significant responses of government bond yield...
Persistent link: https://www.econbiz.de/10013124928
We use EU sovereign bond yield and CDS spreads daily data to carry out an event study analysis on the reaction of government yield spreads before and after announcements from rating agencies (Standard & Poor's, Moody's, Fitch). Our results show: significant responses of government bond yield...
Persistent link: https://www.econbiz.de/10013104642
Persistent link: https://www.econbiz.de/10013357076